Golden City Missouri Income Charts

This section shows the economic outlook and local economy using the most recent economic data from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker. Golden City shows it has $33,646 median earnings which is the 3d most of all other places in the area. The city with the highest median earnings in the area is Grant township-Dade County with an earnings of $42,250 is 25.6% larger. Comparing median earnings to the United States average of $47,712, Golden City measures approximately three-fourths the size. Also, compared with the state of Missouri, median earnings of $42,474, Golden City measures approximately three-fourths the size.

In Figure 2 we see a more complete view of income which includes all members in a household using the median household income and it has $35,050 median income which is the 4th ranked in median income out of 10 total in the area. The city with the highest median income in the area is Richland township-Barton County with an income of $64,563 measures about twice as large. Comparing median income to the United States average of $60,293, Golden City compares as approximately half the size. Also, measured against the state of Missouri, median income of $53,560, Golden City is approximately three-fourths the size.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has 39.1 average hours which is the 4th ranked in average hours out of 10 total in the area. The city with the highest average hours in the area is Richland township-Barton County with an average hours of 43.5 is 11.3% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $16.55 average hourly earnings which is the 4th ranked in average hourly earnings out of 10 total in the area. The city with the highest average hourly earnings in the area is Grant township-Dade County with an average hourly earnings of $19.72 is 19.2% larger. Comparing average hourly earnings to the United States average of $23.71, Golden City is approximately three-fourths the size. Also, compared with the state of Missouri, average hourly earnings of $21.05, Golden City is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the area based on the number of people who reported any self employment income. Golden City shows it has 14.1% Self Employed which is the 5th ranked in Self Employed out of 10 total in the area. The city with the highest Self Employed in the area is Marion township-Dade County with a Self Employed of 34.0% is approximately 2.4 times bigger.

In terms of the source of where income comes from, in Figure 9Golden City has the largest proportion of Social Security at 21.7% of the total and is ranked #1. Second, it has the largest proportion of Public Assistance and SSI at 2.7% of the total and is ranked #1.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has 21.0% households with retirement income which is the 2nd most of all the places in the area. The city with the highest households with retirement income in the area is Golden City township with a households with retirement income of 23.0% is 9.3% larger.

Figure 13 shows the cost of living for a variety of cost components from the Bureau of Labor Statistics. Golden City shows it has hightest cost of 108.1 for cost of utilities.

Golden City Missouri Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data from the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall measure for the United States. It shows that from February 2010 to December 2019 the Monthly Unemployment Rate went from 8.5% to 3.2%. This represents a decrease in the Monthly Unemployment Rate of 62.4%.
In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. The participation level It shows that from February 2010 to December 2019 the Monthly Labor Force Participation went from 25,835 to 26,039. This represents an increase in the Monthly Labor Force Participation of very little.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Golden City shows it has 3.5% unemployment rate which is the 2nd most of all the places in the area. The city with the highest unemployment rate in the area is Grant township-Dade County with a rate of 7.8% compares as approximately 2.2 times bigger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Golden City shows it has 47.5% participation rate which is the 4th smallest participation rate of all the other places in the area.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). Golden City has the largest proportion of not in labor force at 52.5% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Golden City shows full time employees compares as approximately 4.2 times bigger than part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner. Golden City illustrates it has 30.5% families with a single earner which is the 3d most of all other places in the area. The city with the highest families with a single earner in the area is Grant township-Dade County with a single earners rate of 37.5% is 22.8% larger. The percentage of families with no one working is depicted in Figure 22. Golden City shows it has 35.9% families with no one working which is the highest of all placesin the area.

Golden City Missouri Poverty Charts

The next section details information about poverty in the area. In Figure 23 the total number of people earning less than the poverty level are shown. Golden City shows it has 185 total people earning less than the poverty level which is the 3d most of all other places in the area. The city with the highest total people earning less than the poverty level in the area is Lockwood with a total people earning less than the poverty level of 279 is 50.8% larger.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Golden City indicates it has 27.6% percent of people earning less than the poverty level which is the 2nd most of all the places in the area. The city with the highest percent of people earning less than the poverty level in the area is Lincoln township-Jasper County with a percent of people in poverty of 40.8% is 47.8% larger.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Golden City has the largest proportion of American Indian poverty rate at 11% of the total and is ranked #1. Second, it has the largest proportion of Hawaiian poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Golden City has the largest proportion of Unmarried Male with children and in poverty at 83% of the total and is ranked #1. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. We see that Golden City has people who are in poverty and not in Labor Force less than most other places in the area at 10.8% of the total and is ranked 3d last in the group. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) We can see that Golden City shows it has 17.4% households with public assistance which is the 3d most of all other places in the area. The city with the highest households with public assistance in the area is Lockwood with a households with public assistance of 21.4% compares as 22.7% larger.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Golden City shows it has 43.2% the Gini Index which is the 2nd most of all the places in the area.

Golden City Missouri Work Commute Charts

Figure 32 shows a high level view of how people get to work (including the percent of people who work from home.) Golden City has the largest proportion of people who take public transportation to work at 4% of the total and is ranked #1. Figure 33 shows a more detailed view of how people get to work for this location and shows Golden City has the largest proportion of people who take the bus at 4% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Golden City has the largest proportion of people who leave for work between 6am to 630am at 13% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 9am to 10am at 6% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 4pm to midnight at 16% of the total and is ranked #1.

The average commute time is shown in Figure 37. Golden City shows it has 21 average commute time which is the 5th ranked in average commute time out of 10 total in the area.

Figure 38 shows the difference between male versus female commuting time and Golden City shows average commute time in minutes for men is about twice as large than average commute time in minutes for women. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Golden City shows it has 34% people who both work and live in the same city which is the 2nd most of all the places in the area. The city with the highest people who both work and live in the same city in the area is Lockwood with a people who both work and live in the same city of 50% measures 44.8% larger. Comparing people who both work and live in the same city to the United States average of 42%, Golden City is about 21.4% smaller. Also, benchmarked against the state of Missouri, people who both work and live in the same city of 40%, Golden City is about 17.3% smaller.

Golden City Missouri Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Golden City shows it has hightest median earnings of $55,625 for Management, business, and financial occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Golden City shows it has hightest median earnings of $65,417 for Earnings-Production, transportation, material moving occupations.

Golden City Missouri Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Golden City shows it has hightest entrepreneurs of 50% for self employed in sales and office related businesses.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories. Golden City reveals it has hightest entrepreneurs of 50% for self employed in manufacturing.

In Figure 51 the average annual self employment income is shown. Golden City shows it has $33,836 average annual self employment income which is the 3d most of all other places in the area. The city with the highest average annual self employment income in the area is Marion township-Dade County with an average annual self employment income of $53,768 measures 58.9% larger. Comparing average annual self employment income to the United States average of $37,819, Golden City is about 11.8% smaller. Also, versus the state of Missouri, average annual self employment income of $31,803, Golden City is 6.4% larger.

Figure 52 shows the difference between the number of self employed men and self employed women. Golden City shows total number of self-employed men is about twice as large than total number of self-employed women.

Cities marked with an asterisk ("*") should resemble a city or town but do not have their own government (i.e. Mayor, City Council, etc.) These places should be recognizable by the local community but their boundaries have no legal status. Technically these include both Census Designated Places (CDP) and Census County Divisions (CCD) which are defined by the Census Bureau along with local authorities. (For more information, see:
Census Designated Place or "CDP")
and Census County Division "CCD".)

For comparison purposes, the US and state value are provided as well as in some areas a "Combined Statistical Area" or CSA. These are large groupings of adjacent metropolitan areas identified by the Census Bureau based on social and economic ties. (See: Combined Statistical Area)

Data sources - Mouse over icon in upper right corner of each chart for information.